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05-29-12 Council Agenda & Packet
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05-29-12 Council Agenda & Packet
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RESOLUTION NO. <br /> A RESOLUTION CONFIRMING THE ADOPTION OF A <br /> DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS <br /> WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY <br /> KNOWN AS <br /> 3605 VEST CLEVELAND ROAD <br /> TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF <br /> A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR <br /> FEDERAL- MOGUL POWERTRAINg INC. <br /> WHEREAS, the Common Council of the City of South Bend, Indiana, has <br /> adopted a Declaratory Resolution designating certain areas within the City as Economic <br /> Revitalization Areas for the purpose of tax abatement consideration; and <br /> WHEREAS, a Declaratory Resolution designated the area commonly known as <br /> 3605 West Cleveland Road, South Bend, Indiana, and which is more particularly <br /> described as follows: <br /> A tract of land in part of the East half of Section 21, Township 38 North, Range 2 East, <br /> 2rd P.M., St. Joseph County, Indiana, and more particularly described as follows: <br /> Beginning at a point on the East-West Half section line of said East Half North 88 <br /> degrees 53 minutes 36 second East 915.58 feet from the center of said Section 21;thence <br /> North 0 degrees 56 minutes 57 seconds West 338.80 feet; thence North 88 degrees 53 <br /> minutes 36 seconds East, parallel with the East-West half section line of said Section, <br /> 800.00 feet; thence South 0 degrees 56 minutes 57 seconds East 1726.13 feet; thence <br /> northwesterly 550.14 feet along an arc to the right having a radius of 4463.66 feet and <br /> subtended by a long chord having a bearing of North 54 degrees 36 minutes 59 seconds <br /> West and a distance of 549.80 feet;thence North 51 degrees 05 minutes 08 seconds West <br /> 465.22 feet; thence North 0 degrees 56 minutes 57 seconds West 761.20 feet to the East- <br /> West half section line of said East half the point of beginning, and containing 26.203 <br /> acres,more or less <br /> and which has Key Number 25-1013-0218 as an Economic Revitalization Area; and <br /> WHEREAS, notice of the adoption of a Declaratory Resolution and the public <br /> hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; <br /> and <br /> WHEREAS, the Council held a public hearing for the purposes of hearing all <br /> remonstrances and objections from interested persons; and <br />
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